FCPO
FCPO 3rd Month Futures - 3 Sep 2025
Wed, 03-Sep-2025 08:27 am
by Dealing Team • Apex Futures

FCPO
Pivot
4449
Resistance
4500 / 4550 / 4570 / 4600
Support
4450 / 4430 / 4400 / 4370
Possible Range
4400 to 4550
Strategy
Long positions may be opened above 4440 with targets at 4500/4550 stop-loss at 4390
Short positions may be opened below 4400 with targets at 4350/4300 stop-loss at 4420

FCPO Nov month surged 94 points or 2.14% to closed near the intraday high at 4474. Malaysian palm oil futures have rebounded ending the 2-week losing streak on concern about interruption of supply from Indonesia due to the current riots against the government.

CBOT soyoil active traded contract rose 0.52 points to closed higher at 52.66 on previous session. Dalian’s active palm oil contract rose 40 to closed higher at 9482 on previous night session.

The actively traded FCPO contract regained its buying momentum after an oversold action last week. On the daily chart, prices seem to halted the downward direction after reaching immediate support around 4370. The reverse to the upside has broken the first resistant at 4450 and may target 4500 – 4550 next. Beware of any potential sentiment changes. The immediate support and resistance levels are pinpointed at 4450 and 4550, respectively. 

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.071594 4.103148
EUR 4.788661 4.792351
CNY 0.580700 0.581157
HKD 0.523467 0.527018
SGD 3.153405 3.174965